Commodity Trade Mantra

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China Stands Ready to Re-Inflate Bubble: Michael Kosowan

Will China, the “engine” of the world’s great economic machine, come chugging to a halt? Not likely. In the weeks ahead, China is likely to experiment with cutting interest rates and further devaluing its currency in order to stabilize the stock market. They may shuttle the bad debt off to warehouse-like institutions while they re-inflate their markets.

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